Investor Presentaiton
Non-GAAP Reconciliation Tables
$ in thousands, except per share data
4Q21
1Q22
2Q22
3Q22
4Q22
Return on Assets to return on assets- pre-tax pre-provision
Return on assets GAAP
0.96
% 0.78
% 1.08
%
1.32
%
1.33
%
Income tax expense
0.26
0.20
0.32
0.37
0.41
(Release of) provision for credit losses
(0.01)
0.39
0.09
0.25
0.33
Return on assets - pre-tax, pre-provision
1.21
1.37
1.49
1.94
2.07
Merger-related and other charges
0.19
0.15
0.11
0.03
0.02
Return on assets - pre-tax, pre-provision, excluding merger-related and other charges
1.40
%
1.52
%
1.60
% 1.97
% 2.09
%
Efficiency Ratio
Efficiency Ratio - GAAP
Merger-related and other charges
Efficiency Ratio - Operating, excluding PPP fees and MSR marks
62.12
%
57.43
%
56.58
%
48.41
% 47.95
%
(5.64)
(4.34)
(3.35)
(0.75)
(0.60)
56.48
% 53.09
%
53.23
%
47.66
% 47.35
%
Tangible common equity to tangible assets
Equity to assets ratio - GAAP
Effect of goodwill and other intangibles
Effect of preferred equity
Tangible common equity to tangible assets ratio
10.61
%
11.06
%
10.95
%
11.12
% 11.25
%
(2.06)
(2.94)
(2.96)
(3.01)
(2.97)
(0.46)
(0.40)
(0.40)
(0.41)
(0.40)
8.09
%
7.72
% 7.59
% 7.70
%
7.88
%
25 U
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